First National Bank of White County in Cleveland, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 06, 1996

  • First National Bank of White County in Cleveland, Georgia (GA)
  • Show street view No street view available for this location

First National Bank of White County - Overview

  • General
  • FDIC Certificate #: 16454
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 515438
    Date Established: July 01, 1946
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10620
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1946
    Last Structure Change Effective Date: June 06, 1996
    Last Structure Change Process Date: July 08, 1996
    Last Data Update: July 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: South Main And West Kytle Streets, Cleveland, GA 30528
    County: White
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $121.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $123,619Cash and due from depository institutions
  • $1,341Interest-bearing balances
  • $595Securities
  • $29,494Federal funds sold & reverse repurchase agreements
  • $2,971Net loans & leases
  • $86,998Loan loss allowance
  • $1,307Trading account assets
  • $0Bank premises and fixed assets
  • $1,041Other real estate owned
  • $123Goodwill and other intangibles
  • $1,651Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $123,619Total liabilities
  • $105,489Total deposits
  • $103,890Interest-bearing deposits
  • $91,927Deposits held in domestic offices
  • 103890.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $769Trading liabilities
  • $0Other borrowed funds
  • $156Subordinated debt
  • $0All other liabilities
  • $674Total equity capital
  • $674Total bank equity capital
  • $18,129Perpetual preferred stock
  • $0Common stock
  • $1,386Surplus
  • $4,000Undivided profits
  • Memoranda
  • $12,743Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $263Income earned, not collected on loans
  • $863Earning assets
  • $120,058Long-term assets (5+ years)
  • $17,029Average Assets, year-to-date
  • $119,578Average Assets, quarterly
  • $123,154Volatile liabilities
  • $14,869Insider loans
  • $2,521FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,227Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,064Total risk weighted assets
  • $81,974Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,749Total interest expense
  • $4,277Net interest income
  • $6,472Provision for loan and lease losses
  • $422Total noninterest income
  • $829Fiduciary activities
  • $0Service charges on deposit accounts
  • $454Trading account gains & fees
  • $0Additional noninterest income
  • $375Total noninterest expense
  • $3,378Salaries and employee benefits
  • $1,744Premises and equipment expense
  • $292Additional noninterest expense
  • $1,342Pre-tax net operating income
  • $3,501Securities gains (losses)
  • $56Applicable income taxes
  • $1,063Income before extraordinary items
  • $2,494Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,494Net charge-offs
  • $86Cash dividends
  • $1,111Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.28%Cost of funding earning assets
  • 3.69%Net interest margin
  • 5.59%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 2.92%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 2.09%Pretax return on assets
  • 2.97%Return on equity (ROE)
  • 14.40%Retained earnings to average equity (YTD only)
  • 7.99%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 490.70%Efficiency ratio
  • 46,268Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.55%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 496.96%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 83.74%Net loans and leases to core deposits
  • 96.72%Equity capital to assets
  • 14.67%Core capital (leverage) ratio
  • 14.64%Tier 1 risk-based capital ratio
  • 22.04%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $119,578Average earning assets
  • $17,317Average equity
  • $115,790Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First National Bank of White County.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents